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Expands EV and Gasoline Product Line Focused on Fleet Markets

SANTA ROSA, Calif., Dec 16, 2011 (GlobeNewswire via COMTEX) — ZAP Jonway ZAAP -1.89% , a designer and manufacturer of gasoline and new energy electric vehicles (EVs), introduced its JNZ SHUTTLE, a multi-purpose van that can convert from passenger to cargo easily, targeted for the fleet markets and available for the international markets in the first quarter of 2012.

The JNZ SHUTTLE gives ZAP Jonway an attractive platform to compete in the rapidly growing China auto industry for commercial fleet and delivery vehicles. The JNZ SHUTTLE is designed for both full electric and for gasoline and has more than 129 cubic feet of cargo space or with three rows of seats can fit up to seven passengers.

Focusing on New Energy Efficient Vehicles, Gasoline and Full Electric, Utilizing Common Platforms

SANTA ROSA, California – November 15, 2011 – ZAP Jonway (OTC BB: ZAAP), a designer and manufacturer of gasoline and new energy electric vehicles (EVs), after extensive strategic planning and integration development, announced its joint product roadmap for 2012. The roadmap is focused on delivering affordable and technologically competitive new gasoline and EV models that address the growing market demand.

Dr. Priscilla Lu, Chairman of ZAP Jonway, stated: “The new ZAP Jonway models planned for delivery in 2012 maximize the strengths of both subsidiaries, ZAP and Jonway Auto. The new models utilize the experience base and the combined resources from both subsidiaries to accelerate the new EV models’ time to market, while maintaining the originally planned introduction of Jonway’s new gasoline models to the market in 2012. The new JNZ product line is designed to address EV platform requirements while remaining adaptable to either gasoline or an electric power train.”

CHENGDU (October 7, 2011) – Steve Schneider, Co-CEO for automotive pioneer ZAP Jonway (OTC BB: ZAAP), is scheduled to speak at the Global Automotive Forum, October 11-12 in Chengdu, Southwest China as part of an auto show and business forum covering relevant issues and challenges facing the industry today.

The Global Automotive Forum (GAF) has already established itself as one of the leading forums for the automotive industry. The theme for the 2011 forum is: “From Volume Leader to Innovation Leader.” This is Schneider’s second appearance at the Global Automotive Forum, now in its second year. ZAP Jonway is displaying its latest A380 SUV models during the concurrent Chengdu Motor Show. Schneider has more than 30 years experience in the automotive industry. Read more…

ZAP Jonway Co-CEO Steve Schneider was interviewed by AutoSohu at 2010 Global Automotive Forum. In the video he is asked about Chinese policies towards alternative fueled vehicles and said that electric vehicles would be favored because of their potential to reduce carbon emissions.

Samyang Optics has taken delivery of a red Alias that first appeared at National Automobile Dealers Association Expo in New Orleans. The same Alias debuted to the public earlier this year at the Korea EV Challenge, sponsored by Samyang Optics.

Samyang Optics and ZAP Jonway have formed a business venture to introduce electric vehicles (EVs) to Korea. The government’s goal is to commercialize EVs and capture 10 percent of the global market by 2015. Korea wants EVs to comprise 10 percent of domestic small car sales by 2020.